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no knowledge of wrongdoing, but our shareholders happy? >> the admission from rupert murdoch that he knew little or nothing about what was happening in certain parts of his business empire does not encourage confidence. >> a much anticipated event, but did it deliver? will anything change? >> i am an optimist. i think if they did not change, that we will get a more accountable and responsible press that is not capable of commitng criminal acts. >>> rupert murdoch and his son, james, faced a grilling as british politicians attempted to find out if they know anything about alleged phone hacking. both denied any knowledge of wrongdoing and were apologetic about what went on. he described the day as the most humble of his life. investors seemingly approved of what was said. news corp.'s share price rose by the close of sale tuesday. has the storm been weathered? has dominatedng politics here for weeks, but is it just a storm in a british teacup? a global tycoon like rupert murdoch must hope so. >> "the news of the world" is less than 1% of our company. we employ 350,000 people around the worl
? >> and now, bbc world news. >> welcome. the headlines. brought down by the people he trusted. rupert murdoch denies personal responsibility for the phone hacking crisis but says sorry for the victims. >> i would just like to say one thing. this is the -- day of my life. >> drama and chaos as a protestor tries to attack the media tycoon. the i.m.f. calls on euro's own country to tyke decisive action to stop the debt crisis action. and war in somalia. the recruitment of child soldiers is said to be systematic. it's 9:00 a.m. here in singapore. >> it's 2:00 a.m. here in london. broadcasting to viewers on pbs and around the world, this is "newsday"." >> the british prime minister david cameron will make statements to the house of commons later, the start of an all-day debate in the latest developments in the phone hacking scandal. it follows the dramatic testimony on tuesday by rupert murdoch. appearing before m.p.'s, the media tycoon said it was the most humble day of his life but he refused to take personal responsibility for the crisis which engulfs the news world. he appeared before a select
the man came up to the left of rupert murdoch. it halted the entire hearing. we are still waiting to hear from rebekah brooks. if you see it he was trying to get a pie in the face of rupert murdoch. if we can get that shot back up again, you can see in niz left hand a tin -- and see if we can get that shot back up. it looks like he had a tin in his left hand a cream pie that he was going to smash in the face of rupert murdoch during these hearings. the man was quickly taken away in handcuffs. you saw the images of him outside he had something all over his face. wendy dang in the pink jumping up. she is a volleyball player. that looks like a spike. she's known to be a fan of volleyball. anyway, you can see the pie right there trying to get in the face of rupert murdoch. the woman in the gray i'm not sure who she is. she was sitting to the left op of wendy dang. michelle is with us now. is this ovenly some type of protesters coming in to disrupt this and create a true embarrassment to rupert murdoch by delivering a pie in the face? >> we guess. we're basically looking at the exact same pict
for rupert murdoch's news corp.. the fbi has involved itself and says it has opened a preliminary inquiry into allegations that news corp. journalists sought to gain access to the phone records of victims of the september 11th attacks. members of congress from both parties have called for an inquiry as to whether u.s. citizens were being targeted. i spoke to senator barbara boxer, who sent a letter to the department of justice asking for a full investigation. but first, how the crisis has spread. >> rupert murdoch's troubles may have broken out in the british corner of his empire, but the contagion is spreading fast to his businesses worldwide. in his home and australia, where he owns almost 150 titles, the company is checking all editorial content from the past five years. politicians are wary. >> i have been pretty shocked and disgusted to see the revelations we have seen in the united kingdom's, some of the things that have been done to intrude on people's privacy. >> more seriously, the contagion spread to murdoch's adopted home, the united states, where he is now a naturalized citize
rupert murdoch with tough questions later today, outraged over a string of allegations reporters for the paper hacked mobile phones to get scoops. murdoch's apologized. much more on the story justice ahead on "world business today." one of the first journal itss who exposed phone hacking by "news of the world" has been found dead. sean ward said andy coulson hacked into phones. police are not treating the death as suspicious. >>> a u.s. official says a meeting between the u.s. and libya at the weekend was meant to deliver one message, that moammar gadhafi must go. libya called the face-to-face talks in tunisia a first step. the u.s. says the meeting was a one-off event. >>> the women's world cup team soaked up the limelight after bringing japan its first cup title. japan's the first asian nation with a world cup championship. those are the headlines. auto' jane verjee at cnn in london. "world business today" starts now. >> a very good afternoon to you from cnn hong kong, i'm alicia tank. >> good morning from cnn london. you're watching "world business today." time to testify, new
by rupert murdoch, has resigned from her position. she had resisted calls, not least from former "news of the world" journalists for her to resign after the revelations that "news of the world" journalists had been responsible, allegedly, for hacking the phones of, amongst others, a murdered school child, milly douler, and also those of the relatives of servicemen who had been killed in afghanistan and iraq. rebekah brooks has resigned as chief executive of news international. aaron is here. a business decision, this one? >> well, look, another shock -- well, in two weeks of shocks we've had coming out of this story. now, this is quite amazing, because yesterday's story was trying to get rebekah brooks and, of course, rupert murdoch's son in front of this hearing committee, where they are expected to be grilled very hard. now, rebekah brooks had said she welcomed to answer the questions, but some of the questions she said she may not be able to answer. now, he's the question, because this is just breaking, we're still basically reading across here and just trying to find out the implic
. they will discuss questions over the phone hacking scandal. rupert murdoch, his son james, rebekah brooks prepare for questions. >> also coming up on the program, the shuttle atlantis departs the international space station for the very last time. also from the comic book to the stage, that man makes a theatrical debut. -- batman makes a theatrical debut/ . ♪ ♪ >> welcome to the houses of parliament, the mother of all parliament. will it be the mother of all battles today between the mp's and the murdochs. it has been tailing weeks of political crisis that has taken the politics and the police. many journalists and camera crews hurt joining here behind me. we are waiting -- are joining here behind me. we are waiting for questioning of the people. we will bring you the live updates here. the house of commons media and committee is made up of a cross parsee of selection from members of parliament. they will begin by questioning the news corp. chief rupert murdoch and his son james. it will ask the former chief executive rebekah brooks to give testimony. they want to find out how much they knew
hours, rupert murdoch will face parliament. we're live in london. >> no break in the debt ceiling talks but the white house insists that backstage progress is being made to reach a deal before the august 2nd default deadline on this "american morning." >>> good morning to you. thank you for being with us. 6:00 a.m. in new york this morning. tuesday, july 19th. i was hearing that in parts of iowa the heat index felt like 130 yesterday. it's been brutal out there. >> even this morning on the east coast, it felt different. it felt hotter. we'll be covering that. >>> we're watching that and millions are watching with a worldwide media empire hanging in the balance rupert murdoch is just hours away from facing his defining moment. in less than four hours, murdoch, his son and former top newspaper executive will appear before the british parliament. >> they will be asked what they knew about this phone hacking scandal that's growing wider by the day. it's threatening to take down news corp and perhaps murdoch himself. >> and the question is what they are going to be called upon to explain, wh
yesterday of course with rupert murdoch, the chief of news corp being grilled by the committee with a mixed reception. more on that later from us here at westminster. but in the coming hours, david cameron, the british prime minister is to be grilled by m.p.'s. he's had to cut short a trip to africa in order answer questions. and the british affairs committee questioning tops as they produced a pretty damning report. >> david cameron arrived home late last night having cut short his trip to africa. this morning he'll find a damning report from the way britain's biggest police force has dealt with the phone hacking scandal. they are accused of a catalog of failures and a scathing report of some senior offers. >> i can't say more than that. >> that's john yates describing his choice not to reopen the inquiry when he gave evidence to m.p.'s last week. in the report, they agree with him. >> i'm not letting you get away with that. absolutely not. >> and even more critical. his conduct is described as unprofessional and inappropriate. but the report also criticizes news international. accusing th
news watch. >> this is the most humble day of my life. >> jon: news corporation's chief rupert murdoch makes a heart felt statement during the u.k. phone hacking scandal. his appearance with his son james was big news there and big news here. how else did the media react and what else have we learned about the scandal. >> republicans have laid out a responsible and detailed path forward, and the house has passed it. >> jon: the house passes a plan to fix the debt crisis, but the media condemn the effort. >> do we really have time for a plan that is really just show? >> and the great debt debate goes on with more distortion from the liberal press? >> there he's saying brinksmanship, trickery around the time of a deadline just to get your way is sort of economic terrorism. >> has the negative media coverage hurt the effort. >> g.o.p. presidential candidate michele bachmann goes on the defensive after a negative story about her health and ability. did that story fail the journalistic ethics test? >> having fired the imagination of a generation, a ship like no other, its place in history s
on the debt. while house republicans are still using the rupert murdoch leadership method, don't blame me. >> ultimately, you are responsible for the whole fiasco. >> no. >> i will not yield. >> the issue 1 not congressional in action. >> rupert murdoch, john boehner, eric cantor in charge when it's convenient. >> back here in the states, cue the blame game. >> virtually no americans hold congress in high esteem. >> we, as republicans, as the new majority in this house. >> failing on the big things is something they choose to do. >> we emplore the other side to get serious. >> when is the house going to stop the charade? >> the gang of six is still trying to lead. >> it's a far cry from the paul ryan budget. >> we thought this was the gang of six, dead and buried. >> now the gang of six is a gang of seven. >> two parts, there's always a second act. >> gotten rave reviews from a lot of folks. frlgs colleagues really liked it. >> when does somebody have to say uncle? >> murdoch is also not taking the blame. >> insisting that he is not to blame. >> london calling. >> tried to pass the buck t
finance and criminal allegations, the whirlwinds rocking rupert murdoch's mighty mediame empire. >>> markets in europe are deep in the red on heels of steep markets across asia. how are things moving where you are? >> down, a third session of losses and quite heavy ones. let's check in with the markets. really quite heavy, off by more than 2%, comfortably more than 2%, and with the paris and zurich off by 2.1%, zurich off by more than 2.1% and the same theme as we saw in monday's session which is the banks very heavily being sold at the moment heavily, there is clearing great deal of worry about the contagion spreading to italy about this moving into a generalized crisis with a lot of banks really coming under pressure with non-performing government bonds on their books, and just one other theme, thomas cook is down on a profit warning, but really the whole worry about italy's finances very much putting all of that in state and look at that on the milan stock exchange we're looking at a punishing session off by 4.25%. let's move on to the currency markets not surprisingly we're
. >>> the moment that may define the meeting between rupert murdoch and his son james and parliament today was not a moment of admission, was not a moment of guilt or even apology in what has grown into an international media scandal. it was the moment a spectator armed with a pie of some sort launched the pastry at the 80-year-old media baron. somehow it summed up the situation a little too perfectly. rupert murdoch one of the world's most powerful men and ceo of news corp and owner of fox news called to testify and face it, to gravel beforer the politicians who had once come to gravel before him. when the pie came, rupert was defended by his wife, 42-year-old wendi deng, and while she may have thwarted the pastry assault, it was his son james who tried to take the brunt of the questioning in their testimony before parliament. rupert murdoch's job was to dodge the questions. and he blamed others and his memory. check it out. >> i was not aware of that. >> i didn't know of it. >> i never heard of it. >> i don't have any memory. >> it does not appear he knew. >> his son carried however a mu
, everyone. tonight what you might call rupert murdoch's pontius pilate moment, he's sorry and a illegal reporting tactics, but he washes his hands when asked if he is ultimately responsible. >> no. >> you're not responsible? who is responsible? >> the people that i trusted to run it and then maybe the people they trusted. >>> plus, michele bachmann responds to former aides who anonymously allege that the rising force in the presidential field suffers from migraines so debilitating they could undermine her ability to lead. >> i am prescribed medication that i take on occasion whenever symptoms arise and they keep my migraines under control. but i'd like to be abundantly clear, my ability to function effectively will not affect my ability to serve as commander in chief. >> dr. sanjay gupta will join us for a reality check. >>> but up first, live action in the house of representatives and how it impacts a search for a deal to keep the government from a default most economist say could derail the already fragile recovery. this hour you see right there live debate. the house is expected by t
with the latest plan to break the deadlock on the debt. house republicans are still using the rupert murdoch leadership method. don't blame me. . >> do you accept ultimately that you are responsible for the whole fiasco? >> no. >> i wd. >> the issue is not congressional in action. >> john boehner, eric kantor in charge when it's convenient. >> back here in the states, queue the blame game. >> no americans hold congress in high esteem. >> we as the new majority in the house. >> failing on the big things is something they choose to do. >> we implore them. murdoch is also note blame. >> insisting that he is not to blame. >> london calling. >> tried to pass the buck. >> he doesn't stack up. >> the 80-year-old appeared confused. >> here said yes, i'm in charge. >> someone tried to get i believe to rupert murdoch. >> a man with a shaving cream pie leaps past her husband and attempted to smash rupert murdoch in the face. >> that are looks like a spice. >> can you say it was glitter. >> as the deadline for raising the debt ceiling grows closer, house republicans chose to spend this day in debate and
. >> coming up on the program, a lone protester attacked rupert murdoch during a british parliamentary inquiry into the phone-hacking scandal. israeli commandos aboard a boat full of activists trying to reach basra. >> and in business news, a new currency for the south sudan. >> we begin in london, where a parliamentary inquiry has been under way in the phone-acting scandal that led to the demise of rupert murdoch's tabloid newspaper "news of the road." the former editor, rebekah brooks, was answering questions after being arrested on allegations of hacking and bribing police while at the newspaper. british parliamentarians also grilled media mogul rupert murdoch and his son james pre- empt rupert murdoch apologized for the phone hacking, but he denied that he was ultimately responsible. he interrupted his son to say that the day was the most humble in his life. the proceedings took a dramatic turn when a protester hit rupert murdoch with a foam pie. >> there was a police escort for rupert murdoch as soon arrive for the parliamentary hearing. he and his son james appeared together. they faced
as the country's legitimate government. rupert murdoch's top executive resigned after resigned -- after hacking allegations and the investigation deepens. the european union and the european central bank officials have welcomed the release of a new round of stressed chess as a step to repair the crisis- -- tests as a step to repair the crisis-battled banks. those banks failed to meet the european banking authority's new capital requirements. >> in the end, the number of failures was smaller than expected. the european banking authority gave most of the bank good marks. the tests tested where banks had enough capital to deal with all kinds of economic developments. eight banks failed the test. one german bank would have been on the list, but the bank pulled out in a dispute over the methodology. the test stimulates a deep economic recession in the european union. the banks had to have enough capital reserves to cover bad loans. share prices tumbled and unemployment tumbles. the institutions need to tap into their reserves. banks have to have a reserve cushion of at least 5% of their capital. bel
option. >> dr. gupta, appreciate your insights. >> thanks, john. >>> and later rupert murdoch said he's the best person to clean up the bribery and hacking scandal engulfing his british newspapers. members of the american postal worker's union handle more than 165 billion letters and packages a year. that's about 34 million pounds of mail every day. ever wonder what this costs you as a taxpayer? millions? tens of millions? hundreds of millions? not a single cent. the united states postal service doesn't run on your tax dollars. it's funded solely by stamps and postage. brought to you by the men and women of the american postal worker's union. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> welcome back. here's the latest new you need to know right now. the fbi's arrested 16 pe
>>> rupert murdoch says the phone hacking scandal is not ultimately his fault. this hour, the rivetting testimony about the broken trust, the shattered ethics and those who should pay for alleged crimes. stand by. hackers say they turned the tables on murdoch's company, tap into internal e-mail and other corporate secrets. they're threatening to go public with what they found. and president obama embraces a bipartisan compromise that could potentially, at least, be a way out of looming debt crisis. he's urging house republicans not to waste their time on a symbolic vote due to happen very soon. i'm woft blitzer here in "the situation room." >> rupert murdoch says this is the most humble day of his life. a titan of news business, he was called on the carpet before the british parliament today over the phone hacking scandal that shocked and afalled the world. along with a son and former chief executive, murdoch was hammered with questions about alleged crimes that brought down his popular tabloid, "the news of the world." >> we felt ashamed of what had happened and wanted t
." with the news of the world, the scandal went to the top today. rupert murdoch, his son james and top eder rebecca brooks all summoned to appear next week before a british parliamentary committee. last night former prime minister gordon brown announced "news of the world" hacked his records. and described that the "sun" revealed his son had cystic fibrosis. >> to tears. having your son broadcast across the media. sarah and i were incredibly upset about it. thinking about his future. thinking about our family. >> also, cnbc's simon hobbs and "vanity fair "contributor who wrote the ad. we covered the story on the empire. an update. those who haven't been catching up to this matter in britain, what are the evil infractions by the murdoch empire? >> the revelations go on and on. the one that caught people's attention, which it was revealed they'd actually hacked into a 13-year-old girl who had gone missing and in fact was murdered. it's alleged they actually went through and deleted some of the messages on her phone in order that more could be received. that they could then potentially report
this hour, also the connection between the rupert murdoch scandal today and the mobster guy. remember him? and the interview on tonight's show is so exciting it made me and several segment producers -- made us break something in the office while we were preparing for the interview. while prepping tonight's interview, we broke some of the ceiling tiles outside my office door. i am very sorry, and i'll pay for it. >>> this is the mayor of london, his name is boris. he's in the conservative party. when questioned about it last year, here's what he had to say about the rupert murdoch phone hacking scandal. >> cooked up by labor party. >> cooked up by the labor party. phone hacking, made up by liberals. no such thing. where did mayor boris get his information? mayor boris got his information from john yates, the number two police officer in london. john yates, who it just so happens had to resign as the number two police officer in london just this week as did the number one police officer in london, the chief of scotland yard. that is just one of the ways the whole rupert murdoch scandal is g
and rupert murdoch issues an apology. after years with barely a drop, some regions of kenya are paying a hefty price. >> normally, this area would be teeming with cattle and goats. as you can see, it is completely empty. >> the woman behind the creative crosswords shares tricks of the trade. ♪ >> amid a firestorm of controversy, rebekah brooks resigned as chief executive of news international. there are allegations of her role in the phone hacking scandal and illegal payments to police officers. she said she felt a deep responsibility to the people hurt. rupert murdoch apologized to the family of milly dowler, murdered girl whose hacked phone started the controversy. >> she is the most high-profile casualty so far in the scandal that has spread to both sides of the atlantic. for the past 10 days, rebekah brooks has been a part of the storm that has swept rupert murdoch's empire and remained by his side. today, she decided to step away. she said that recent times have been tough and i need to concentrate on correcting the distortions and rebuffing the allegations about my record as a
of rupert murdoch. he also confirmed he and his son james will appear before a british parliament committee next week to discuss the scandal after initially refusing that request. news corp also said he's hired a top criminal defense attorney. back in the u.s., the fbi launching an investigation into allegations that news corp sought to hack into the phones of september 11th victims. again, the breaking news this morning, rebekah brooks, rupert murdoch's most senior newspaper executive in great britain has stepped down and resigned from her position. we'll see what happens next there. >>> meanwhile back in washington, president obama says it's decision time, telling congressional leaders yesterday he wants to see a deal on raising the debt ceiling in the next 24 to 36 hours. if not, he says lawmakers will have to return to the negotiating table this weekend. the president expected to hold a news conference on the negotiations at the white house in just a few hours. the president's deadline comes as the front page of the "wall street journal" reads "plan bemerges on debts," reporting harry r
, and bang, we have that. there you are. is this going to do us any damage? rupert murdoch, this scandal? >> aside from the scandal, i killed that for the journalists. if, and when, the other shoe drops on the side of the ocean, eric holder's justice department is considering subpoenas. i do not think it will be as fun and dramatic as what we have seen out of london, but i do think there is another shoe to drop here. >> i think it has sort of appalled people how close we get to our sources. in england, this was out of control, where the government was being run by a news organization. politicians were terrified of the murdoch operation. some of my friends work for him and i know something about it. they took it for granted that they would go over to downing street to talk to the prime minister. you are never going to be able to pop into the oval office and tell the president what he should do. >> i will never be accused of being too cozy with the president. part of this story is who is covered which aspects of the story? part of it is about rupert murdoch. part of it is about "news of th
, "bbc world news." >> welcome. the headlines this hour. rupert murdoch and his top executives respond to the phone hacking scandal by closing down britain's best-selling sunday newspaper. but the investigation continues, with reports that a former editor and adviser to the british prime minister is to be arrested. dozens are killed in days of violent clashes between rival political groups in the pakistan city of karachi. and a final flight for the u.s. space shuttle atlantis. it prepares for its final journey to the stars. this is newsday. >> hello and welcome. it is the phone hacking scandal which has stunned britain. today came the biggest bombshell of all. britain's best-selling newspaper, "news of the world," is being shut down. the closure comes after a public outcry, but it has not lifted the spotlight from the murdoch empire, which controls 40% of circulation in the u.k. and has worldwide reach. >> rupert murdoch, 1969, shortly after he bought a newspaper that was to become his very profitable pride and joy. >> 4 give the individual by all means, but you cannot forget. >> 42 ye
and powerful on behalf of her boss and mentor, rupert murdoch. brooks first came to news international as a secretary at "news of the world." she quickly developed a reputation for her tenacity as a journalist, reportedly once disguising herself as a cleaning lady to scoop a competitor. described as both ruthless and charming, she was soon the youngest editor of the "news of the world," and shortly after "the sun," both named by murdoch's news international. she spearheaded a controversial campaign to, quote, name and shame alleged pedophiles, publishing their names and addresses in the paper. as the editor of "the sun," brooks testified to parliament that her paper had paid police officers for information. and it was under her editorship that the "news of the world" allegedly paid a private investigator to hack into the voicemail messages of millie doweller, the 13-year-old girl murdered in britain whose investigation and court case made front page headlines. those allegations did not come to light until almost a decade later, after brooks had scaled the corporate ladder to become chi
and caught us with-- >> the news corporation chairman rupert murdoch and james murdoch informing in front of a parliamentary committee investigating the news the world phone hacking scandal in the usa. rebecca brooks, former executive chief at news international also answered questions from the same committee and she was arrested sunday in relation to the phone hacking and bribery aleses. miss brooks was released without being charged. both sections receiving major media coverage in the u.k. and here in the states and we should note that news corporation is the parent company of fox news channel. rich, let me start with you. we heard the sound bite from rupert murdoch during the testimony, saying, hey, this is getting the attention it's getting because of our competitors who would love to see us fail. does he have a point. >> yeah, i think it plays into it. to me reminds me of the valerie plame flap, disproportionate primarily driven by politics. especially the coverage in the united states. the new york times the other day had two front page side by side lengthy stories about something g
Search Results 0 to 49 of about 619 (some duplicates have been removed)